{"id":8359,"date":"2024-08-06T04:59:26","date_gmt":"2024-08-06T08:59:26","guid":{"rendered":"https:\/\/parmaks.com\/Resources\/aud-jpy-ig-sentiment-traders-net-long-positions-hit-peak-since-late-july\/"},"modified":"2024-08-06T04:59:26","modified_gmt":"2024-08-06T08:59:26","slug":"aud-jpy-ig-sentiment-traders-net-long-positions-hit-peak-since-late-july","status":"publish","type":"post","link":"https:\/\/parmaks.com\/Resources\/aud-jpy-ig-sentiment-traders-net-long-positions-hit-peak-since-late-july\/","title":{"rendered":"AUD\/JPY IG Sentiment: Traders\u2019 Net-Long Positions Hit Peak Since Late July"},"content":{"rendered":"

\"Profit<\/a>
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AUD\/JPY Sentiment Chart as of August 3rd, 2024 (Source: DailyFX Team)<\/figcaption><\/figure>\n

Surge in Retail Traders’ Net-Long Positions<\/h2>\n

Retail trader data reveals that 60.00% of traders are net-long<\/strong><\/em> on AUD\/JPY, with a long-to-short ratio of 1.50 to 1<\/strong><\/em>. This marks the highest net-long position since July 26, when AUD\/JPY traded around 100.60. The number of traders holding net-long positions has decreased by 5.34%<\/strong><\/em> since yesterday and 5.80%<\/strong><\/em> from last week. Conversely, the number of traders with net-short positions has dropped by 25.29%<\/strong><\/em> since yesterday and 20.25%<\/strong><\/em> from last week.<\/p>\n

Contrarian Perspective Suggests Potential Decline<\/h2>\n

Analysts often adopt a contrarian stance to crowd sentiment. Given that traders are predominantly net-long, this suggests that AUD\/JPY prices may continue to decline<\/strong><\/em>.<\/p>\n

Increasing Bearish Sentiment<\/h2>\n

With traders more net-long compared to yesterday and last week, the combination of current sentiment and recent trends<\/strong><\/em> reinforces a stronger bearish contrarian trading bias for AUD\/JPY.<\/p>\n

The post AUD\/JPY IG Sentiment: Traders’ Net-Long Positions Hit Peak Since Late July<\/a> appeared first on Dumb Little Man<\/a>.<\/p>\n

\"Profit<\/a>
<\/p>\n","protected":false},"excerpt":{"rendered":"

AUD\/JPY Sentiment Chart as of August 3rd, 2024 (Source: DailyFX Team) Surge in Retail Traders’ Net-Long Positions Retail trader data reveals that 60.00% of traders […]<\/p>\n","protected":false},"author":1,"featured_media":8360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-8359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-happiness"],"_links":{"self":[{"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/posts\/8359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/comments?post=8359"}],"version-history":[{"count":0,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/posts\/8359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/media\/8360"}],"wp:attachment":[{"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/media?parent=8359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/categories?post=8359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/tags?post=8359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}